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Texas oil lease

Producing

ELKIN "L"

Elkin "L" is an oil lease in Midland County, Texas, operated by Petroplex Energy Inc. in the Spraberry (Trend Area) field.

1 well

1,457bbl oil, last 12 months−25% vs prior year
Operator
Petroplex Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-32122

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
2,185 mcf
Oil in Jul 2026
56 bbl

Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for ELKIN "L", Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 1,457 bbl in the 12 months through Jul 2026, against 1,938 bbl in the 12 months before.Last 12 months: 1,457 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for ELKIN "L", Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 1,457 bbl in the 12 months through Jul 2026, against 1,938 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
All of the gas went to a processing plant in the last 12 monthsShare of ELKIN "L" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of ELKIN "L" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Apr 2024

Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Mar 2024; Petroplex Energy Inc., Apr 2024 to Jul 20262020202120222023202420252026Changed Apr 2024Pioneer Natural Res. USA, Inc.Jan 2020 to Mar 2024Petroplex Energy Inc.Apr 2024 to now
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Mar 2024; Petroplex Energy Inc., Apr 2024 to Jul 20262020202120222023202420252026Changed Apr 2024Pioneer Natural Res. USA, Inc.Jan 2020 to Mar 2024Petroplex Energy Inc.Apr 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on ELKIN "L"
API numberWell no.Status
42-329-320611Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Sep 24, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 24, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 24, 2025–
Energy Transfer CompanyOilGathers100Sep 23, 2025Sep 24, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015Sep 23, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Sep 23, 2025
Plains Marketing, L.p.OilGathers100Jul 1, 2000Sep 23, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

80 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Elkin "L"
API numberWell no.Acreson the permit
42-329-32061180

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for ELKIN "L"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Petroplex Energy5601001000$80.46$2.89
Jun 2026Petroplex Energy1021501631630$84.81$3.15
May 2026Petroplex Energy1041463313310$102.13$2.94
Apr 2026Petroplex Energy930000$100.32$2.77
Mar 2026Petroplex Energy931191121120$91.38$3.04
Feb 2026Petroplex Energy2372821051050$64.51$3.62
Jan 2026Petroplex Energy55093930$60.04$7.72
Dec 2025Petroplex Energy1301251591590$57.97$4.26
Nov 2025Petroplex Energy1453051981980$60.06$3.79
Oct 2025Petroplex Energy15901711710$60.89$3.19
Sep 2025Petroplex Energy1733525955950$63.96$2.97
Aug 2025Petroplex Energy11001581580$64.86$2.91
Jul 2025Petroplex Energy42041410$68.39$3.20
Jun 2025Petroplex Energy1521772852850$68.17$3.02
May 2025Petroplex Energy1311831291290$62.17$3.12
Apr 2025Petroplex Energy142019190$63.54$3.42
Mar 2025Petroplex Energy94172440$68.24$4.12
Feb 2025Petroplex Energy2643581721720$71.53$4.19
Jan 2025Petroplex Energy95060600$75.74$4.13
Dec 2024Petroplex Energy8015150$70.12$3.01
Nov 2024Petroplex Energy338358000$69.95$2.12
Oct 2024Petroplex Energy4213612522520$71.99$2.20
Sep 2024Petroplex Energy2181821981980$70.24$2.28
Aug 2024Petroplex Energy331871571570$76.68$1.99
Jul 2024Petroplex Energy9705055050$81.80$2.07
Jun 2024Petroplex Energy1031762362360$79.77$2.54
May 2024Petroplex Energy11501,6591,6590$80.02$2.12
Apr 2024Petroplex Energy1161796065220$85.35$1.60
Mar 2024Pioneer Natural1041785304430$81.28$1.49
Feb 2024Pioneer Natural13003492680$77.25$1.72
Jan 2024Pioneer Natural1021835214620$74.15$3.18
Dec 2023Pioneer Natural8004003130$71.90$2.52
Nov 2023Pioneer Natural1261793112270$77.69$2.71
Oct 2023Pioneer Natural1021701931060$85.64$2.98
Sep 2023Pioneer Natural12603342610$89.43$2.64
Aug 2023Pioneer Natural851765614740$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPetroplex Energy Inc.FieldSpraberry (Trend Area)CountyMidland County

Petroplex Energy Inc. in Midland County

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Spraberry (Trend Area) field

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